1 definition
by
WhiteBlank

The theory that Elvis Presley did not die from taking a shit nor drugs, but instead died from a heart attack after someone found him jerkin his wang. The story is that Elvis Presley had a boner and didn't want it to show, so he told everyone he had to go take a shit and would be back. So he went into the stall, but forgetting to lock the stall's door, he started grasping that pecker. Someone else came in having to take a really bad shit and coincidentally opened the stall door of the stall that Elvis was in. Elvis was so embarrassed that he had a heart attack. Later, Elvis's manager payed off the media to make up a fake story so Elvis wouldn't be thought of as a loser.

Person 1: Dude, it would suck to die getting caught cheating on your wife or jacking off.
Person 2: I read this really weird article somewhere named "Elvis Conspiracy Theory" that said that Elvis Presley died jacking off, that really had to have sucked.
Person 1: Yea, it must've.